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price relative

    0.01 sec.
price relative [¦prīs ′rel·ə·tiv]
(statistics)
The ratio of the price of certain goods in a specified period to the price of the same goods in the base period.


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The terms of trade for goats have fallen in all regions of Somalia, with particularly dramatic changes in the Juba Valley, the Shabelle Valley, and the southern Sorghum belt—where a goat's price relative to cereal dropped about 75% since July of last year.
Spending time to analyze your buying price relative to similar units in the area is important and buying it at an under value is always good.
If the company is selling at a low price relative to it''s overall worth, then invest in it, and hold it for the long term.
 
 
 
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